At the latest Global Dairy Trade event on the 17th January the winners were Anhydrous Milk Fat and Rennet Casein and the looser were Butter Milk Powder. The over-all index went up 0.6 percent.
To get the whole picture go to
At the latest Global Dairy Trade event on the 17th January the winners were Anhydrous Milk Fat and Rennet Casein and the looser were Butter Milk Powder. The over-all index went up 0.6 percent.
To get the whole picture go to
Major food commodity prices declined again in May, according to the UN’s Food and Agriculture Organisation (FAO), hitting an almost six-year low as cereal prices fell substantially.The FAO Food Price Index averaged 166.8 points in May, down 1.4 per cent from April and as much as 20.7 per cent from a year earlier.
The Food Price Index is a trade-weighted index that tracks prices on international markets of five major food commodity groups: cereals, meat, dairy products, vegetable oils and sugar. In May, the Index reached its lowest level since September 2009. The May decline was driven by a 3.8 per cent monthly drop in the cereal price index, a 2.9 per cent drop in the dairy price index and a one per cent drop in the meat price index.